The Latest Breaking News from MGM Resorts

MGM Resorts International (NYSE:MGM) disclosed a deal to sell the operations of MGM Northfield Park to private equity funds managed by Clairvest Group Inc. for $546 million in cash.

MGM Resorts is scheduled to report its third-quarter results later this month, and analysts expect a double-digit earnings decline.

Making light of rumors.

Reports on group thought to have previously hit MGM Resorts come as Marks & Spencer online orders remain paused

MGM Resorts International is set to announce its first-quarter results at the end of this month, and analysts expect a significant double-digit drop in earnings.

Although MGM Resorts International has underperformed the S&P 500 Index over the past year, analysts are bullish about the stock’s prospects.

MGM Resorts will release its fourth-quarter earnings next month, and analysts project a double-digit profit dip.

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Despite MGM Resorts’ recent underperformance relative to its industry peers, Wall Street analysts remain strongly optimistic about the stock’s prospects.